The CBI has registered a case against Air Asia Group CEO Tony Fernandes and others over alleged violation of norms for getting international flying licenses.Fernandes has allegedly lobbied government officials seeking a relaxation of the 5/20 rule, where companies require five years experience in the aviation sector and own 20 aircraft to be eligible for an international licence. Besides Fernandes, Travel Food owner Sunil Kapoor, Air Asia Director R Venkatraman, aviation consultant Deepak Talwar, Director of Singapore-based SNR Trading Rejendra Dubey and unidentified public servants have been named in the FIR. Air Asia directors, CBI alleged, have also violated norms pertaining to the Foreign Investment Promotion Board (FIPB). The central investigation agency is carrying out searches at six location in Delhi, Mumbai, and Bengaluru at properties belonging to the Malaysian carrier.

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *